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THIS MORTGAGE DEED, executed this 2nd day of OCtOber , 1972,
by and between SLM DEVELOPMENT CORPORATION, a~Ior~c~a Corporation,
hereinafter called "Mortgagor", and Bert A.Betts ,Ro,y B.Davi~ .Jr. ,
Robert M.Green,Luther H.Hodges,Laurence F.Lee,Jr._,James B. ~
::~Tr,t~,ch Arth~~r W Milam,,lack H nuariti~.Frederick H_Schroeder,
N C S l~de Jr Jo n W York '
, not indi~vidually, but
as Trustees of Fidelity Mortgage Investors, a Massachusetts business
trust, under Declaration of Trust dated May 29, 1969, and their respective o
successor Trustees under said Declaration of Trust, with power to
protect, manage, se~l, transfer, assign, consolidate, coordinate
and/or spread with any other mortgage or mortgages, modify, satisfy,
enforce, foreclose and/or, without being limited by any of the foregoing, .
deal with in any manner, this mortgage and the lien thereof, and
exercise any right or option contained in this mortgage and to-release
any portion af the security from the lien of this mortgage, hereinafter
called "Mortgagee";
WITNESSETH:
THAT, WHER~AS, the Mortgagor is justly indebted to the Mortgagee
in the principal sum of ONE MILLION TWO HUNDRED FORTY-FIVE
THOUSAND and 00~1 DOLLARS, which indebtedness is acknowledged
and is evidenced by a certain promissory note (the "Note") payable ?
to ?iortgagee executed by Mortgagor, bearing even date herewith, in ~
such principal amount, payable on or before 12 months from date hereof .
NOW, THEREFORE, the Mortgagor, for the better securing of all
sums of money now or hereafter due and owing under the Note and this
Mortgage (the "Mortgage") and the performance of the covenants and
agree~aents of this Mortga~e, does grant, bargain, sell, alien, remise,
release, convey and con€irm unto the Mortgagee in fee si.mple forever
the following described real property, together with the i.mprovements
thereon, of which the Mortgagor is now seized and possessed, situate,
lying and being in St L•LC~ e County, State of F1 nri ~la ,
~o wit:
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~ All of that real property described ~
~ in Schedule "A" attached hereto.
~ Together with all buildings, structures and other improvements now or
~ hereafter located thereon, and all and singular the tenements, heredita~ents, ;
~ appurtenances and privilege~ now or hereafter belonging or in an}•wisc apper- '
taining to the Property or any part thereof, and all the estate, right, title
and interest, including all homestead and dower rights of the t;ortgagor in .
and to the Property, or any part thereof, and the rents, issues and profits
thereof which are hereby spzcifically assigned, transferred and set over to the
Mortgagee as additional security for the repayment of the indebtedness re-
presented by the Note; and together also with all machinery, equipment,
apparatus, motors, engines, dynamos, generators, boilers, pumps, tanks, ducts, €
fi~ctures, fittings, elevators, switchboards, furniture and furnishings now or `
hereafter located upon, or used, useful or necessary or adapted for, the present ~
~ operation of the Property, including but not limited to all machinery, equipment,
~ apparatus and material of every nature and description for lighting, heating, ~
~ cooking, refrigerating, plumbing, vacuum cleaning, air conditioning, the trans-
mission of sound, fire prevention or extinguishing, including all sprinkler
~ systems; all furnaces, stokers, stoves, heaters, ranges, fuel, refrigerators,
~ kitchen cabinets, bathroom fixtures and equipment, awnings, window screens, ~
window shades, venetian blinds, screen doors, combination iaindows and com-
~ bination doors, storn doors and storm windows; all radios and television sets;
~ ;
~ employees` uniforms, superintendent and janitor supplies, carpets, rugs and =
~ other floor coverings; it being understood and agreed that all of the Property ;
~ is and shall be deemed to be an inte~ral part of tl?e real estate and, whether
~ affixed or annexed or not, shall, for the purpose of this t~tortgage, be deemed
- conclusively to be real estate and conveyed by this instrument. The ~nuc?era-
~ tion of an}~ specific articles of propert~• shall not exclude any items of pro- '
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